Stock Market Live: Hind Rectifiers Share Price Jumps To Highest Level Since Jan 7

Sectoral Indices: Nifty PSU Bank Leads Gains
On NSE, 10 sectoral indices advanced, three declined, and two remained flat out of 15. The NSE Nifty PSU Bank outperformed benchmark indices. The NSE Nifty Finance declined the most.

Nifty Contributors: L&T, Axis Bank Support Gains
Larsen & Toubro Ltd., Axis Bank Ltd., Jio Financial Services Ltd., State Bank of India, and Eternal Ltd. added to the Nifty 50 index.
Reliance Industries Ltd., HDFC Bank Ltd., Bharti Airtel Ltd., Kotak Mahindra Bank Ltd., and Mahindra & Mahindra Ltd. weighed on the Nifty 50 index.

Stock Market Today: Nifty, Sensex Open Flat; Axis Bank Supports Gains
The NSE Nifty 50 and BSE Sensex opened on a muted note. Axis Bank Ltd. and Jio Financial Services Ltd. led gains. The indices were trading flat as of 9:29 a.m.



Stock Market Live Update: Karnataka Bank Share Price Falls over 5%
The Karnataka Bank Ltd. share price decline 5.61% to Rs 198.30 apiece. The share price was trading 5.36% down at Rs 196.51 apiece.

Stock Market Today: Nifty, Sensex Trade Mixed At Pre-Open
At pre-open, the NSE Nifty 50 was trading 0.12% higher at 25,661.65, and the BSE Sensex was trading 0.04% down at 84,028.01.
Yield On The 10-Year Bond Opens Flat
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The 10-year bond yield opened flat at 6.40%
Source: Cogencis
Rupee Opens Flat Against US Dollar
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Rupee opened 1 paise stronger against US Dollar at 85.47
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It closed at 85.48 a dollar on Friday.
Source: Cogencis
Stock Market Today: Biocon’s Malaysian Subsidiary Crosses Milestone Of Supplying 100-Million Cartridge Insulin
Biocon Biologics, a subsidiary of Biocon, has achieved a significant milestone through its Malaysia-based arm. The subsidiary has successfully supplied 100 million cartridges of insulin,
Stock Market Live: Adani Green Energy Operationalises Aggregate 1,011.5 Megawatt Power Projects In Gujarat
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Operationalises Aggregate 1,011.5 MW Power Projects In Gujarat Via Step-Down Arms
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Total Operational Renewable Generation Capacity Now Stands At 15,539.9 MW
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Gujarat Plants To Commence Power Generation From July 1
Source: Exchange Filing
Gold Prices Fall As Risk-On Sentiment Rises
Gold prices declined as risk-on sentiment rose following an ease on geopolitical side. The Gold future was trading 0.14% higher at $3,278.91 an ounce as of 8:12 a.m.
Stock Market Live: Karnataka Bank Appoints New COO
Karnataka Bank Ltd. has appointed Raghavendra Srinivas Bhat as chief operating officer effective July 2.
Meanwhile, Srikrishnan Hari Hara Sarma resigned from the post of managing director and chief executive officer with effect from July 15. Sekhar Rao resigned from the post of executive director with effect from July 31.
Oil Prices Fall As Geopolitical Tension Subsides
Oil future prices declined as geopolitical tension decreased following a peace between Iran and Israel. Brent crude’s benchmark August future contract was trading 0.84% down at $67.20 a barrel as of 7:37 a.m.
Oil prices delivered the steepest weekly decline in over two years in the week ended on June 27, Bloomberg reported.
Asia Market Wrap: Nikkei 225 Rises Over 1% As Industrial Production Increases
Markets in Japan, Australia, and South Korea advanced on Monday morning. The Nikkei 225 jumped over 1% as industrial production rose in May.
Further, a progress on trade talks between the US and trading partners also supported Asian equities.
The Nikkei 225 and KOSPI were trading 1.61% and 0.69% higher, respectively. The S&P ASX 200 was 0.20% higher as of 7:20 a.m.
US Stock Market Update: S&P 500 And Nasdaq Composite Hit Record High
On Friday, the S&P 500 and Nasdaq Composite indices hit a record high. The Dow Jones Industrial Average index ended over 1% higher.
The S&P 500 ended 0.52% higher at 6,173.07, and the Nasdaq Composite ended 0.52% higher at 20,273.46. The Dow Jones Industrial Average ended 1% higher at 43,819.27.
GIFT Nifty Implies Positive Open; Suzlon Energy, Tanla Platforms, Torrent Pharma In Focus
The GIFT Nifty was trading 0.11% or 29.50 points higher at 25,765 as of 6:46 a.m., which implied a positive start for the benchmark NSE Nifty 50 index.
Amber Enterprises Ltd, NLC Ltd., Suzlong Energy Ltd., Tanla Platforms Ltd., and Torrent Pharma Ltd. shares will be in focus due to business-related news over the weekend.
Indian benchmark equity indices closed with gains on Friday, led by share prices of Jio Financial Service Ltd. and Asian Paints Ltd.
The NSE Nifty 50 ended 88.80 points, or 0.35% higher at 25,637.80, while the BSE Sensex closed 303.03 points, or 0.36% up at 84,058.90.
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